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Amid Global Expansion, Altair Semiconductor Appoints New VP of Worldwide Sales and New VP of Business Development

HOD HASHARON, Israel, September 5, 2012 — Altair Semiconductor (www.altair-semi.com), the world’s leading developer of ultra-low power, small footprint and high performance 4G LTEchipsets, today announced expansion of its management team, the appointment of Chee W. Kwan as Vice President of Worldwide Sales and Uri Yaffe as Vice President of Business Development.

The announcement comes as Altair significantly expands its global activities and increases chipsets volumes shipping to India, Europe, Asia Pacific and the U.S.

“Chee and Uri join Altair as we seek to expand our global footprint and build new partnerships to deliver first-class LTE solutions,” said Oded Melamed, CEO of Altair Semiconductor. “Their vast industry knowledge and experience will serve Altair well as we move ahead with our global growth strategy and we are very pleased to welcome them to our team.”

Kwan brings more than 27 years of industry experience to the position, having most recently served as the Vice President of Worldwide Marketing and Sales at BroadLight Inc., a company acquired by Broadcom in April 2012. Prior to BroadLight, he served as CEO of Siimpel Corporation, a MEMS semiconductor company acquired by Tessera Corporation in 2010. He was previously the Senior Vice President and General Manager of Conexant System Inc.’s wireless business unit and held various senior management roles in product marketing and technology development while at Conexant Systems.

Yaffe, with more than 20 years of experience as a C-Level executive, previously founded and served as the CEO of Cellular Bridge, a business development and consulting company focused on the telecom and Internet industries. He also served as Co-CEO of e-Sim, which was acquired by Sky MobileMedia’s in 2007. Following the acquisition he served as VP of Worldwide Sales for Sky MobileMedia.

Over the last year, Altair has rapidly expanded its presence around the world, opening regional offices in India, while increasing operations in the U.S., Germany, China and Taiwan.

About Altair Semiconductor
Altair Semiconductor is the world’s leading developer of ultra-low power, small footprint and high performance 4G semiconductors. Altair’s chipsets can be found in approximately 30 end-user devices – ranging from USB dongles to smartphones – built by its more than 15 customers across North America, Europe, China, India and Taiwan – making it one of the only TDD/FDD LTE chipset manufacturers in the world with commercially available products. Altair’s comprehensive product portfolio includes baseband processors, multi-band RF transceivers for both FDD and TDD bands, and a range of reference hardware and product level protocol stack software. Based on a novel, proprietary Software Defined Radio (SDR) processor, codenamed “O[2]P™”, Altair’s products are the smallest and most highly power optimized in the industry, offering an unmatched combination of flexibility and performance. For more information, visit the company’s website at http://www.altair-semi.com. Follow Altair on Twitter: @AltairSemi